Catherine Shu, TechCrunch

Catherine Shu

TechCrunch

Taiwan, Province of China

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Recent articles by Catherine:

Focused on smaller cities, Vietnamese social commerce startup Mio raises $8M Series A –

Mio, the Vietnamese social commerce platform, has raised an $8 million Series A, less than a year after announcing its seed round. The funding was led by Jungle Ventures, Patamar Capital and Oliver Jung, with participation from returning investors GGV, Venturra, Hustle Fund, iSEED SEA and Gokul Rajaram. TechCrunch first covered Mio at the time […] → Read More

Jakarta-based investment app Pluang raises $55M led by Accel –

Jakarta-based investment app Pluang announced that it has raised $55 million led by Accel. This is a follow-on to its Series B and brings that round’s total to $110 million. The funding will be used to make Pluang available in more Southeast Asian countries, increase its asset classes and on hiring. Pluang’s last round of […] → Read More

Indonesia’s eFishery raises $90M from Temasek, SoftBank Vision Fund 2 and Sequoia Capital India –

Indonesia-based eFishery announced today that it has raised what it claims is the largest round of funding by an aquaculture tech startup in the world. The company, which provides feeding devices, software and financing for fish and shrimp farmers, got a $90 million Series C co-led by Temasek, SoftBank Vision Fund 2 and Sequoia Capital […] → Read More

Jakarta-based SME financial platform KoinWorks scoops up $108M Series C –

The backbone of Indonesia’s economy are its estimated more than 60 million SMEs. But many lack access to working capital and, especially before the pandemic, managed their finances using manual processes like spreadsheets. With COVID-19 prompting many to digitize, startups that focus on SMEs have been raising large rounds of funding to scale up quickly. […] → Read More

Startups at CES showed that age-tech can help everyone –

Age-tech startups at this year’s CES demonstrated the potential breadth of the sector. If tech can help an older person live more comfortably, it can also help out a lot of other people. After all, the usefulness of things like mobility aids, health monitoring platforms and long-term financial planning aren’t limited to the elderly. Yesterday, […] → Read More

AARP Innovation Labs takes a holistic approach to age-tech at CES –

When young (or youngish) people think of age-tech, they may picture mostly clinical solutions—telemedicine platforms, for instance. Growing older, however, doesn’t just have a physical component. Isolation, for example, is a serious issue for elderly people, especially during the pandemic. And older people still have to manage their day-to-day routines and finances, not just plan […] → Read More

Southeast Asian open finance startup Brankas gets $20M Series B led by Insignia Ventures –

Brankas, an open banking startup for Southeast Asian markets, is entering the new year with a $20 million Series B. The funding was led by Insignia Ventures Partners, with participation from returning investors Beenext and Integra Partners. Other backers included Visa (Brankas was a member of its 2021 Accelerator Program), AFG Partners and Treasury International, […] → Read More

Smarter Health gets $5.15M SGD to reduce healthcare costs in Southeast Asia –

Organizing information from providers, insurers and patients not only takes a lot of time, but increases private healthcare costs. Smarter Health, a Singaporean-based startup, develops technology that allows smoother exchange of data between different parties in the healthcare system, improving patient care and reducing administrative costs. The company announced today it has raised a $5.15 […] → Read More

We need to pay more attention to “age-tech” –

For the last two years, many of us have only been able to see our elderly relatives through screens, watching them grow older, trading physical distance for their safety. More than anything else, the pandemic has highlighted the vulnerabilities of aging people. The tech community—founders, investors, journalists—all need to pay more attention to “age-tech.” “Age-tech” […] → Read More

Southeast Asian startups to watch in 2022 –

As someone who covers Southeast Asia startups and funding stories, the best word I can think of to describe 2021 is “whoa!” This was the year that global investors not only started to pay close attention to the region’s tech ecosystems, but also began putting real money into them. Backed by international LPs, Southeast Asia-focused […] → Read More

China’s AI giant SenseTime postpones IPO after US blacklisting –

SenseTime, one of China’s most valuable AI solution providers, is putting its $767 million public listing on hold, the company said Monday. The announcement came three weeks after the Hong Kong Stock Exchange gave the go-ahead to SenseTime’s IPO. On December 10, the U.S. Department of Treasury added the firm to a list of “Chinese […] → Read More

SMB neobank Nearside, formerly known as Hatch, gets $58M Series B led by Valar –

Nearside, the online bank for SMBs formerly called Hatch, announced today it has raised a $58 million Series B, just seven months after announcing its Series A. The latest round was led by Valar Ventures, with participation from Kleiner Perkins; Foundation Capital; Jim Breyer, the founder of Breyer Capital; Creative Artists Agency founder Michael Ovitz; […] → Read More

Sydney-based medtech startup Harrison.ai gets $129M AUD led by Horizons Ventures –

Harrison.ai, a Sydney-based company that creates medical devices with AI technology, announced today it has raised $129 million AUD (about $92.3 million USD) in what it says is one of the largest Series B rounds ever for an Australian healthtech company. The funding was led by returning investor Horizons Ventures, and included participation from new […] → Read More

Indonesia-focused AC Ventures closes oversubscribed $205M third fund –

More investor money is flowing into Indonesia’s startup ecosystem. Today, AC Ventures, which focuses early-stage startups in the country, announced it has raise $205 million in committed capital for its oversubscribed Fund II, more than double its original target of $80 million. Investors include World Bank’s International Finance Corporation (IFC) and Disrupt AD, the venture […] → Read More

Southeast Asia multi-currency neobank YouTrip raises $30M Series A, will launch corporate card –

Singapore-based YouTrip, an online bank that focuses on making multi-currency transactions less costly and more efficient, announced today that it has raised a $30 million Series A. YouTrip founder and CEO Caecilia Chu said the round was led by prominent family offices in Asia who prefer to remain unnamed, but are returning from earlier rounds. […] → Read More

GajiGesa, a fintech for unbanked Indonesian workers, lands $6.6M pre-Series A –

GajiGesa, a fintech company focused on services for Indonesian workers, announced today that it has raised $6.6 million USD in pre-Series A funding. The round was led by MassMutual Ventures, with participation from January Capital, European earned wage access company Wagestream (EWA is GajiGesa’s flagship feature), Bunda Group, Smile Group, Oliver Jung, Northstar Group partners […] → Read More

Months after its Series A, Singaporean robo-advisor Endowus add $35M SGD in new funding –

Endowus is the latest investment app in Southeast Asia to raise follow-on funding, adding $35 million SGD (about $25.6 million US) to its war chest. The round was led by Prosus Ventures, the venture firm majority-owned by Naspers, and EDBI. Participants included SoftBank Corp.-owned Japanese tech conglomerate Z Holdings. Returning investors included UBS, Singtel Innov8 […] → Read More

Melbourne-based mobile ordering platform Mr Yum lands $65M led by Tiger Global –

QR code ordering at restaurants has been around for years, but the pandemic increased its adoption as social distancing and hygiene measures went into place. Mr Yum, a Melbourne-based mobile ordering and payments platform that was founded in 2018, announced today it has raised a $65 million USD Series A round, led by Tiger Global. […] → Read More

Deskimo, the on-demand desk booking app, raises $3M and expands to Jakarta –

Singapore-based Deskimo, the on-demand app that lets people find co-working spaces and pay by the minute, announced today it has raised a $3 million seed round. It is also soft launching in Jakarta, bringing its total markets to three, along with Singapore and Hong Kong. Participants in the round included Y Combinator (Deskimo was part […] → Read More

Education startup MindX raises $3.3M to prepare Vietnamese students for tech careers –

Vietnam’s digital economy is one of the fastest growing in the world, but the country is facing a growing shortage of IT workers. Many kids want to study coding, but school curriculums are limited, said Tung Nguyen, the co-founder of MindX, an online/offline education platform that focuses on preparing students for tech careers. The company […] → Read More